Ripple’s partial court victory a year ago, where certain XRP sales were not deemed securities, boosted the asset’s price. The ongoing trial continues with disputes over penalties.Despite the numerous developments in the past several months, the legal spat between Ripple and the US Securities and Exchange Commission remains ongoing.
According to some industry participants, those triumphs gave Ripple the upper hand in the battle. That said, a resolution in favor of the company could trigger massive volatility and a potential uptick in XRP’s price . One possible reason could be the increased expectation that the lawsuit is drawing to an end. Some of the peoplethat an official agreement could be announced as early as this summer include the American lawyers Fred Rispoli and Jeremy Hogan.
Those curious to learn more about the case and its potential impact on XRP’s price, feel free to take a look at our dedicated video below:One Weekly Email Can Change Your Crypto Life.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.